Korea Samsung Electronics Operating profits halved last year Signs of bottoming out Jan. 14 at 14:20

Samsung Electronics Co., Ltd., Korea's core semiconductor business, saw its operating profit, which indicates profits from its core business for the past year, fall to less than half of the previous year's level, to about ¥ 2.56 trillion in Japanese yen. On the other hand, since October last year, the semiconductor business has begun to show positive results, and some believe that it has come out of a stagnation phase.

Samsung Electronics Co., Ltd. of Korea announced its financial results for the last year on the 30th, and its sales decreased by 5.4% compared to the previous year to 230.40 trillion won, or about 21.2 trillion yen in Japanese yen.

Operating income was 27,770 billion won, or about 2,560 billion yen in Japanese yen, down 52.8% from the previous year.

This was in contrast to the previous year's record high, as the performance of the core semiconductor business, which accounts for more than half of operating profit, fell sharply due to weak global demand. .

However, looking at operating profit from October to December last year, the semiconductor business's business performance has turned upward and there is a sign of bottoming out, and Korea News Agency News has ended the stagnation phase. Shows perspective.

Although Samsung Electronics has uncertain factors in the global economy, it says that "main business will grow" due to progress in stocking semiconductors in the first half of the year and the prospect of expanding the market for communication standard 5G. .